About a month ago I booked a flight to see one of my best friends. Considering that we’re still dealing with COVID-19, I decided to to purchase travel insurance. And, good thing I did. A couple of days before I was to take off, my friend and his family all tested positive. Thankfully, I was able to get my money back because of the insurance I had added-on to my trip. Outside of travel insurance, many of us buy warranties for phones, appliances, or HVAC systems. After all, it’s worth the additional cost instead of completely replacing these items. And, in a way, annuities also offer guarantees—along with peace of mind. At the same time, annuites can be complex. As a result, many people avoid them as much as possible. However, if you want a guaranteed retirement income help make your dream retirement a reality, then you should at least …